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What Is Thriving Capital Ventures? Elon Musk's Mysterious New Texas Venture- Reform Austin

Summary by Reform Austin
Elon Musk has quietly incorporated a new company in Texas, signaling a possible shift back to business ventures after a period of political involvement. Business filings reviewed by Newsweek confirm the creation of Thriving Capital Ventures, LLC on May 9, 2025, listing Musk and two other individuals as managers. This development comes as Musk steps away from political activity. After supporting Donald Trump in the 2024 presidential election and …
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Reform Austin broke the news in on Sunday, June 1, 2025.
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